TLDR of the video: -Price has likely bottomed -Short Volume is increasing as predicted -Price should rocket through VWAPS -Next significant price levels: 22, 25, 28, 40 -Price should be in full squeeze mode once we get above 28 and definitely 40 -Manage your positions by watching short volume and price reactions to VWAP M O A S S
We are in interesting times in the markets If you have followed us at all you know that we have been pounding the table for the last couple of years that the markets are heading for a GENERATIONAL TOP Of course as with all Bull markets we have seen almost parabolic price action in some markets at points over that time period since And of course you see some...
Key markets are heading towards some significant price areas Be very cautious about how you play things to the long side Tight stops are a must as we expect a volatility explosion over the next few months
MPW is moving as anticipated Price should accelerate through the VWAP soon We went ahead and got in a trade at 4.82 (not financial advice) and plan to pick up additional shares at 5.01 Lets see....
Ok lets recap our main targets and ideas for MOASS: Target Price: 1800-2400 w/ major potential for pockets of trades to execute at much higher levels Duration: Oct 2024 - July 2025 w/ a major move to new all time highs taking place between Oct and Feb Key Date: Oct 21st 2024 should see volume and short volume begin to increase VWAPs are the key and price will...
Everything that we would say in this post we have already said Now we wait.....
So far in our coverage of GME we have told you how high we think price will go during MOASS and also what technical triggers we think will lead to take off We have also told you, from a timing perspective, when we think MOASS will kick into high gear (Oct 21st) What we havent told you is how to know when MOASS is over The short answer is: A break below VWAP As...
We thought we would use this weeks post to highlight exactly what key triggers we think will signal lift off Its widely known that VWAP levels are a key data point in almost all institutional algo trading systems VWAP is important because it helps the algos identify optimal levels to enter/exit positions and define risk The movie Margin Call does a good job of...
We are continuing our call that MOASS is imminently on the horizon Note the 0.618 and the 1 fib on the time axis of the chart From a fib time perspective between those levels you tend to see explosive volatility ending in positive movement in the direction of the prevailing trend We are predicting near term strength in the broad market as well which should help...
If you follow us you know that we think SPX and markets in general are heading towards a generational top And based the last months price action we think we know almost exactly when that top will complete: NOVEMBER 2024 Prediction: It does not matter who wins the election..the market will begin to crash MARK OUR WORDS
TLDR: MOASS is about to kick into high gear and Elliott Wave has given us some solid targets from a price and time perspective MOASS Target Price: $1800-$2400..with potential for us to see pockets of trades fill at even higher levels (remember if price overshoots a target we just look to the next fib) Timeframe to complete: End of Jan 2025 (pay attention to the...
We firmly believe that the major stock indexes have a very dire Macro outlook. We will not go into details here (see our other posts) but with the market heading for a downturn we thought it would be awesome to show other small retail investors (thats what we are) that there is nothing to fear. Well nothing to fear other than blowing up your account- we do not...